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Roselle 60172
731 Spring Street
$325,000
● House - Off Market

731 Spring Street

Roselle, IL 60172
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,889 Ft²
$374,616
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

AMAZING VALUE ON OVER 4,000 SQ FT 2 STORY HOME IN PRIME ROSELLE LOCATION! HARDWOOD FLOORS THROUGHOUT!  5 BEDROOMS UPSTAIRS PLUS LOFT.  3 AND 1/2 BATHS.  FIRST FLOOR DEN.  FINISHED BASEMENT WITH LARGE FAMILY ROOM PLUS ADDITIONAL BEDROOM AND BATHROOM.  HUGE YARD WITH POOL AND SHED.  NEEDS SOME TLC SO BEING SOLD AS IS.  EXCELLENT OPPORTUNITY FOR HANDYMAN/INVESTOR.
Unit Size
2,889 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$114
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11173660)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $330,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,161
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 4,050
  • Gross Building Area: 4,050
  • Building Area: 2,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,889
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST WOODS
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HILLCREST WOODS UNIT 2 /EX TRI ON N MEAS 3 FT ON W & RNG TO NE COR/

Neighborhood

  • School District Name: Roselle School District 12
  • School Tax School District: ROSELLE
  • Census Tract: 841002

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2913-B6
  • Parcel: 02-10-214-022
  • Lot: 54
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9695
  • Longitude: -88.0745

    Address

  • Full Address: 731 Spring St
  • Legal Unit: 2
  • Address - House Number: 731
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IL
  • City Name: Roselle
  • Carrier Code: C022
  • 4-Digit Zip Code: 3054
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,131,726
  • Tax Rate Code Area: 2061

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 516,706
  • High Value: 604,232
  • Low Value: 429,179

    Market Valuation

  • Market Total Value: $468,450
  • Market Land Value: $120,000
  • Market Improvement Value: $348,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,150
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $116,150

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2021-148409
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Roselle

Stats & Trends

Median Asking:

$414,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2238 ft²

Average Home Age

44 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 196 Rosedale Court, Bloomingdale, IL, 60108

$5,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,287 ft²
196 Rosedale Court, Bloomingdale, IL, 60108 Listing by Kathryn Barreto

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kelly Dunlop, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11173660
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 731 Spring Street built and last sold?
The property at 731 Spring Street was built in 1957 and last sold on Sep 9, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 731 Spring Street is $0.
What are some comparable homes to 731 Spring Street?
There are currently no comparable homes to 731 Spring Street.
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